The signing of the spending measure by Marcos will coincide with the country’s commemoration of Rizal Day, Presidential Communications Office (PCO) Secretary Cesar Chavez said yesterday.
“Signing on 30 December 2024 after the Rizal Day program in Manila,” Chavez told Palace reporters.
Marcos deferred the signing of the proposed 2025 General Appropriations Act because of a number of issues, including the “insertions” without appropriate documentation and the P12-billion cut in the outlay of the Department of Education. The cut in the DepEd outlay goes against the administration’s policy direction, officials said earlier.
The spending bill – ratified by Congress on Dec. 11 – was supposed to be enacted on Dec. 20.
The deferment was meant to “allow more time for a rigorous and exhaustive review of a measure that will determine the course of the nation for the next year,” Executive Secretary Lucas Bersamin said in a statement last week.
Bersamin earlier said the President is likely to veto certain items in the proposed national budget “in the interest of public welfare” and “in compliance with laws.”
Marcos met with Executive Secretary Lucas Bersamin, Finance Secretary Ralph Recto, Budget Secretary Amenah Pangandaman, National Economic and Development Authority Secretary Arsenio Balisacan and Public Works Secretary Manuel Bonoan at the Bahay Pangulo on Monday to review the spending bill. The President also met with the same officials at Malacañang on Dec. 18.
This story is from the December 25, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 25, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Zia Dantes is Breakthrough Child Performer at 37th Aliw Awards
Zia Dantes, the eldest child of Kapuso couple Dingdong Dantes and Marian Rivera, has gained a new milestone in her young but promising career, after winning the Breakthrough Child Performer of the Year award at the 37th Aliw Awards.
Why the future looks bright for The Brut Collective
Andy Warhol, an American visual artist and prominent figure in the pop art movement, once remarked, \"Don't think about making art, just get it done.
JULIA BARRETTO: CONTROVERSIES DON'T DEFINE WHO WE ARE
THE PRECIOUS INSIGHTS THAT Julia Barretto has gained from both successes and challenges over the years in the entertainment business, starting from her childhood, have shaped the person she is today.
ROLLING STONE PHILIPPINES WILL COVER STORIES BEYOND MUSIC
Last Dec. 12, Rolling Stone Philippines finally launched at Salon De Ning, The Peninsula Manila.
A CHRISTMAS STRATEGY: HOW TO SURVIVE THE HOLIDAYS
I change my strategy on how to navigate the holidays every so often. Mainly, it's to avoid stress.
A merry birthday for Ching Cruz
To celebrate her birthday, lovely Ching Cruz decided to have a festive gathering for her good friends with a request that each guest bring an exchange gift so that everyone would be able to bring home a special gift.
Kimono: An evolving icon of fashion
The kimono is one of the most recognizable forms of national dress, wielding its influence in fashion, art and media.
Golden MV gets stockholders' nod for corporate name change
Listed Golden MV Holdings Inc. of tycoon Manuel Villar Jr. is all set for its corporate name change after obtaining the approval of the company's stockholders.
Souped-up, sportier, and sprightlier
The significantly refreshed Porsche Taycan is all these and more
Happiness is on the way this December for Toyota customers
Amazing deals on the Corolla Cross, Yaris Cross, and more await